Page 38 - 2021 Costello's Ace - Give No Ground - 2021 Strategic Planning
P. 38

Inventory Health









                                       Current                                                                                          Ending
                Goal                                            Tactic                  Timeline             Expected Result
                                        Score                                                                                           Score
                                                  Basic Inventory Housekeeping
 95% In Stock                            94.3
                                                  Processes

                                                  Shooting Outs - News/Negs          Q4, 2021        97% (Prior Year Score)               97


                                       Current                                                                                          Ending
                Goal                                            Tactic                  Timeline             Expected Result
                                        Score                                                                                           Score
 Unproductive Inventory: <10%           13.1%
                                                  Progressive Markdown Process                       $800,000 Reduction of
  - Obsolete Inventory: <6.5%            7.9%                                        Ongoing
                                                  - Obsolete                                         Unproductive Inventory
  - Overstock: <3.5%                     5.2%     Work Mango Transfer Reports        Ongoing                                            10%







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